Wednesday, July 10, 2013

Nifty Intraday Update-I


25 comments:

Ilango said...

Note the retrace for 5836 to 5879:

61.8%-5852 (Also day pivot)
80%-5845 (Also week pivot)

Intraday weakness below this.

Ding A Dong said...

You said you struggled for 80% of your 21 years trading career.
Master, do you really mean it?
It's a huge blow to my trust in you, & trust in the concept that, one can earn a living from trading the markets.

one of the India's leading Tech.Analyst once said making money in markets is every day's struggle.

just to boost self I am replacing the word "struggle" with "Challenge"

:-)

dharmu mishra said...

thank you u llango sir for ur guidence

Ilango said...

@ dharmu mishra,

Two options if "c.iii" has commenced from 5776.

Keep retrace of 5776 to 5865, considering the price move from 5865 to 5836 to 5879 and now xxxx unfolding as irregular c.ii

OR

Keep 5836 to 5879 as (i)st wave of c.iii and (ii)nd wave is on from 5879.

dharmu mishra said...

llango sir lots of cunfusion was there in my mind u made it crystal clear thanks sir ad sorry for disturbing u in ur busy hrs sir pls consider me as a small child walking on street of share market trying to learn from ur guidence thanks

cooldent said...

Online tips

Tu abhi bhi college main hai kya?

Sudhakar said...

Dear Ilango Sir

You have proved again that you are always great from your confession.

I salute you sir.

Thanks & Regards

gauresh59 said...

Namasthe ilango sir and friends,

Today’s quote received :

Ego is just like a dust in eyes…..
…..without clearing the dust,
You can’t see anything clearly….
So clear the ego and see the world….

It is ego that not allowing us to learn from our mistakes,
and see the world as it is…

Ashish Agarwal said...

looks like leg D of triangle is done at todays top... confirmation below 5836... -ve divergences on hourly are there...

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-5862, R1-5883, S1-5848, ATP-5875, VWAP-5875

Huge addition at 5800PE, seems like downside for the day is limited right now, but upside is also capped as no addtion seen at 5900PE…

Thanks & Regards

Ilango said...

Intraday weak below "5858" presently;

Intraday resistances @ 5870-74 presently.

Crorepathi said...

Sir...
If not for JN before 3 years I would also strayed and lost money and faith in markets. What I have learnt here is it's not TA, FA which makes money but it's the individual discipline to follow already tested and proved studies and simple money management.

Pradeep said...

$ WEAKNESS CAN STOP THE MARKET FOLLOWING.
TODAY TRADING RANGE OBSERVED BY PIVOT.

Amol Sharma said...

@gaureshji from me today ;

Take It slow It will work itself out fine All we need a just little patience.

Patience because You don't have choice.

"" I fear not the man who have practiced 10,000 kick once. But the man who have practices one kick 10,000 time. - bruce lee ""

For what can not be cure patience is best - Irish proverb

Have patience with all thing, but first of all with your self. - saint francis de sales.

Amol Sharma said...

http://www.cartoonstock.com/directory/b/being_patience.asp

dharmu mishra said...

llango sir weakness below 5858 is it to b considered as close of specific time interval candle or spot nifty breaking 5858 pls guide

Murella Saibaba said...

MASTER --GOOD MORNING n copy to alll
so wy one shud thnk we can earn thru markets?
is it something propagated to attract victims?----difficult to answer??

no not at all..it a device to suck the peoples money in a smoothway so that at the end yu blame urselves. its not different frm CRICKET BOOKIES who sees the majority betters shud loose.(exceptions now and then to confuse the theory)
having accepted ths we will not whine.still yu want to earn ..there is only one way follow this blog..it will save yu frm disastruous outcomes.
SUCESS IS NOT SEXY..MORE SO INMARKETS..GOOD DAY

Ding A Dong said...

2ND LOT SL is trailed to sell target 1

Murella Saibaba said...

good morning master n to all

Ilango said...

If day's low-5847 is protected, (ii) of C.iii done.

If not, C.ii is continuing.

Ding A Dong said...

stopped. achieved 1st sell target with 2 lots.

J.R.Julius said...

30min chart PINBAR...

Ananyavrat said...

is there any alternative downside count?
ilango is a fall below 5760 still possible?
we still have not broken 5904 ?

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